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MXL Stock Set To Snap Four-Day Winning Streak Despite Q2 Beat — Wall Street Doubles Down On MaxLinear's AI Infrastructure Growth

in5points
  1. MaxLinear (MXL) reported Q2 earnings that beat estimates.

  2. Stock set to snap four-day winning streak despite the beat.

  3. Roth Capital raised its price target on MaxLinear to $100 from $60 with a 'Buy' rating.

  4. Wall Street is bullish on MaxLinear's AI infrastructure growth.